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Realtime updates for RITES Limited [RITES.NS]

Exchange: NSE Sector: Industrials Industry: Engineering & Construction

Last Updated18 May 2024 @ 03:00

25% discount on Stockinvest.us - Use code: Podcast

8.17% INR 715.90

Live Chart Being Loaded With Signals

Commentary (18 May 2024 @ 03:00):

RITES Limited, together with its subsidiaries, provides consultancy, engineering, and project management services in the field of railways, highways, airports, ports, ropeways, urban transport, inland waterways, and renewable energy...

Stats
Today's Volume	868 928
Average Volume	2.23M
Market Cap	172.03B
EPS	INR0 ( 2024-05-15 )
Next earnings date	( INR5.70 ) 2024-07-25
Last Dividend	INR6.00 ( 2023-09-08 )
Next Dividend	INR0 ( N/A )
P/E	37.27
ATR14	INR1.842 (0.27%)

Volume Correlation

Long: 0.60 (weak)

Short: 0.67 (moderate)

Signal:(45.962) Neutral

RITES Limited Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

RITES Limited Correlation - Currency/Commodity

0.44
( neutral )

0.22
( neutral )

0.19
( neutral )

0.70
( moderate )

0.64
( weak )

-0.38
( neutral )

RITES Limited Financials

Annual	2022
Revenue:	INR26.26B
Gross Profit:	INR14.60B (55.60 %)
EPS:	INR22.56

FY	2022
Revenue:	INR26.26B
Gross Profit:	INR14.60B (55.60 %)
EPS:	INR22.56

FY	2022
Revenue:	INR26.34B
Gross Profit:	INR14.03B (53.26 %)
EPS:	INR21.49

FY	2021
Revenue:	INR18.60B
Gross Profit:	INR11.12B (59.80 %)
EPS:	INR17.54

Financial Reports:

No articles found.

RITES Limited Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
INR7.50 (N/A)	INR4.50 (N/A)	INR6.00 (N/A)	INR0 (N/A)	INR9.75 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)

RITES Limited Dividend Information - Dividend Knight

Dividend Sustainability Score: 4.43 - low (47.19%) | Divividend Growth Potential Score: 5.51 - Stable (10.14%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	INR1.600	2018-09-11
Last Dividend	INR6.00	2023-09-08
Next Dividend	INR0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	20	--
Total Paid Out	INR86.05	--
Avg. Dividend % Per Year	3.95%	--
Score	4.77	--
Div. Sustainability Score	4.43
Div.Growth Potential Score	5.51
Div. Directional Score	4.97	--

Next Divdend (Est)
(2024-09-02)

INR6.32 Estimate 8.10 %

Dividend Stability

0.32 Poor

Dividend Score

4.77

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield
2018	INR5.40	3.16%
2019	INR10.40	4.79%
2020	INR16.00	5.43%
2021	INR19.00	6.97%
2022	INR19.50	7.18%
2023	INR15.75	4.60%
2024	INR0	0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
SHREDIGCEM.NS	Dividend Knight	2023-06-21	Annually	5	3.13%
MANORAMA.NS	Dividend Junior	2023-09-11	Insufficient data to determine frequency	2	0.07%
GPIL.NS	Dividend Junior	2023-08-17	Sporadic	19	1.40%
AUTOAXLES.NS	Dividend Junior	2023-07-27	Annually	22	0.72%
POLYMED.NS	Dividend Junior	2023-09-21	Annually	13	0.27%
JMA.NS	Dividend Knight	2023-08-22	Annually	9	3.30%
DENORA.NS	Dividend Junior	2023-09-05	Sporadic	21	0.18%
SPECIALITY.NS	Dividend Junior	2023-09-15	Sporadic	12	0.29%
MONARCH.NS	Dividend Junior	2023-09-14	Annually	3	0.20%
HCLTECH.NS	Dividend King	2023-07-20	Quarterly	23	2.24%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.185	1.500	6.30	9.45	[0 - 0.5]
returnOnAssetsTTM	0	1.200	0	0	[0 - 0.3]
returnOnEquityTTM	0.174	1.500	9.18	10.00	[0.1 - 1]
payoutRatioTTM	0	-1.000	0	0	[0 - 1]
currentRatioTTM	0	0.800	-5.00	-4.00	[1 - 3]
quickRatioTTM	0	0.800	-4.71	-3.76	[0.8 - 2.5]
cashRatioTTM	0	1.500	-1.111	-1.667	[0.2 - 2]
debtRatioTTM	0	-1.500	0	0	[0 - 0.6]
interestCoverageTTM	98.45	1.000	10.00	10.00	[3 - 30]
operatingCashFlowPerShareTTM	5.14	2.00	8.29	10.00	[0 - 30]
freeCashFlowPerShareTTM	5.14	2.00	7.43	10.00	[0 - 20]
debtEquityRatioTTM	0	-1.500	0	0	[0 - 2.5]
grossProfitMarginTTM	0.486	1.000	5.23	5.23	[0.2 - 0.8]
operatingProfitMarginTTM	0.259	1.000	6.83	6.83	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0	1.000	-1.111	-1.111	[0.2 - 2]
assetTurnoverTTM	0	0.800	-3.33	-2.67	[0.5 - 2]
Total Score				4.43

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	37.29	1.000	6.33	0	[1 - 100]
returnOnEquityTTM	0.174	2.50	9.47	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	5.14	2.00	8.29	10.00	[0 - 30]
dividendYielPercentageTTM	2.65	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	5.14	2.00	8.29	10.00	[0 - 30]
payoutRatioTTM	0	1.500	0	0	[0 - 1]
pegRatioTTM	3.99	1.500	10.00	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0495	1.000	-1.263	0	[0.1 - 0.5]
Total Score				5.51

RITES Limited Options Data

Calls

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Puts

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

RITES Limited

RITES Limited, together with its subsidiaries, provides consultancy, engineering, and project management services in the field of railways, highways, airports, ports, ropeways, urban transport, inland waterways, and renewable energy. The company operates through four segments: Consultancy Services; Leasing of Railway Rolling Stock & Equipments; Export of Rolling Stock, Equipments and spares; and Turnkey Construction Projects. It is involved in the survey and feasibility studies, detailed design and engineering, project management consultancy, technical audit, third party inspection, quality assurance, construction supervision, and leasing and export of locomotives and rolling stock; and maintenance and operational facilities such as smart yards, coaching, and freight maintenance depots. The company also constructs railway workshops, track doubling /tripling/quadruplicating, new/additional railway line, railway electrification, redevelopment of railway stations, institutional buildings, wind, solar and other renewable energy projects on a turnkey basis; and civil construction works; and generates power from windmills and solar energy plants. In addition, it offers services in the field of road/railway tunnels engineering, urban engineering, electrical engineering, information technology, privatization and concession projects, railway electrification, rolling stock design, railway equipment, signaling & telecommunications, surveys, and training programs. The company serves central/state governments, public sector undertakings, large corporations, and private enterprises in India, Asia, and Africa. RITES Limited was incorporated in 1974 and is based in Gurugram, India.

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